Wednesday, April 11, 2007

Simon of Pimco on subprime market

Scott Simon of Pimco is interviewed about his views on the housing and subprime mortgage bond markets at

He says that Pimco is staying conservative with its asset-backed bond investments, and that they'll stay with that course, as he expects further deterioration in the mortgage bond market.

See, "Simon of Pimco Expects Subprime Market Turmoil to Worsen".